Nghe An's monthly pension fund increased by more than 90 billion VND after adjusting the benefit level.
(Baonghean.vn) - The total amount of pension and social insurance benefits paid in August 2023 in the whole province is more than 878 billion VND, of which more than 90 billion VND is paid for the additional unearned difference of July 2023.
According to the report of Nghe An Provincial Social Insurance, there are currently 162,770 beneficiaries in the province.pension, monthly allowance. Of which: 126,404 people receive cash payments, 36,366 people receive payments via personal accounts (ATM).
Pursuant to Official Dispatch No. 6266/UBND-VX dated July 31, 2023 of the People's Committee of Nghe An province on the payment of pensions, social insurance benefits, and monthly allowances for the payment period of August 2023 (according to Decree No. 42/2023/ND-CP dated June 29, 2023 of the Government on "Adjustment of pension levels, social insurance benefits, and monthly allowances"), the province's pension fund increased by VND 90.5 billion.
Specifically: The total amount of pension and social insurance benefits paid for August 2023 is 878.5 billion VND, of which: 788 billion VND is paid according to the new benefit level of August 2023; 90.5 billion VND is paid for the additional unearned difference of July 2023.
Localities with high pension payments after implementing Decree No. 42/2023/ND-CP are Vinh city (VND 30.9 billion), Dien Chau (VND 6.25 billion), Thanh Chuong (VND 5.663 billion), Do Luong (VND 5.241 billion), Nam Dan (VND 4.632 billion), Yen Thanh (VND 4.375 billion)...
The person with the highest pension currently is 19,365,200 VND (in Truong Thi ward, Vinh city).
According to Decree No. 42/2023/ND-CP, pension levels, social insurance benefits and monthly allowances are prescribed as follows:
1. From July 1, 2023, adjust as follows:
- Increase by 12.5% on pension, social insurance benefits and monthly allowances of June 2023 for subjects specified in Clause 1, Article 1 of this Decree, which has been adjusted according to Decree No. 108/2021/ND-CP dated December 7, 2021 of the Government adjusting pension, social insurance benefits and monthly allowances.
- Increase by 20.8% on pension, social insurance benefits and monthly allowances of June 2023 for subjects specified in Clause 1, Article 1 of this Decree which have not been adjusted according to Decree No. 108/2021/ND-CP dated December 7, 2021 of the Government adjusting pension, social insurance benefits and monthly allowances.
2. From July 1, 2023, people receiving pensions, social insurance benefits, and monthly allowances as prescribed in this Decree, after adjustment according to regulations, with a benefit level lower than VND 3,000,000/month, will be adjusted to increase as follows: Increase by VND 300,000/person/month for those with a benefit level below VND 2,700,000/person/month; increase by VND 3,000,000/person/month for those with a benefit level from VND 2,700,000/person/month to under VND 3,000,000/person/month.
3. The pension, social insurance allowance and monthly allowance levels after adjustment according to this Decree shall be the basis for calculating the adjustment of pension, social insurance allowance and monthly allowance in subsequent adjustments.
